Kill The Repatriation Tax To Create Immediate Wealth For Americans

If I had to make a short list of the dumbest policies that prevent the United States of America from reaching its full economic potential, one of the top spots would be dedicated to the self-destructive taxation on repatriated earnings that force wealth into the silos of other countries rather than permitting an efficient use of the capital back home here in America.

The New York Times points out the absurd games that companies play to avoid a 35% repatriation tax:

More than a trillion dollars in cash and short-term investments sits in offshore holding companies, awaiting a repatriation tax holiday. In the meantime, tax professionals spin out ways to manipulate the

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Texans Love Their Boom-Time Real Estate Investments

Since I was originally born in Dallas, I have always paid attention to economic trends in the Texas economy over time. Looking at some of the recent economic data, I can’t help but crack up as I see how much the members of my birth-country love to shovel all the wealth they get their hands on during the good years into bigger and bigger homes.

For Texans that belong to households earning in excess of $150,000 per year, the average home price is $387,211. The average mortgage debt is $328,000. Guess when the last time Texas mortgage values for the top 20% of earners was less than half the total mortgage amount? That’s … Read the rest of this article!

How To Buy Nike Stock Every Month For Life

Nike stock has been one of those few businesses that is widely known by the public at large that continues to build incredible amounts of wealth for its shareholders, even as it has become globally well known and become a mega-cap stock. It’s been this bizarre wealth-building engine, forever sitting in plain sight and known by sophisticated financiers and schoolchildren alike, that has grown its profits at a rate in excess of 10% during 31 of the past 39 years.

The company’s secret? The power of Nike’s intellectual property, which has been honed through a massive advertising network of signing prominent athletes to endorsement deals across all sports and generations to advertising deals … Read the rest of this article!